Richard Donovan
Counsel
Overview
Richard A. Donovan advises
emerging and growth companies with an international footprint on compliance
with trade and investment activities subject to US laws. He also counsels
and collaborates with companies working with distributed ledger technology,
cryptocurrencies and digital asset management blockchain solutions to
navigate the patchwork of regulations and evolving guidance from the SEC,
FinCEN and OFAC.
Richard has also advised
public and privately held companies across a broad spectrum of industries
(including manufacturing, retail, oil & gas, telecommunications, real
estate, mining, and infrastructure projects) and in various countries around
the world. This includes advising clients implementing or enhancing
compliance programs, managing due diligence for M&A and capital market
transactions, conducting cross-border investigations, and responding to
civil investigative demands, voluntary requests, and subpoenas from U.S.
regulators and enforcement authorities.
His trade sanctions and
export controls experience includes advising on requirements related to the
use of foreign software developers and exports of encryption technology,
preparing OFAC and BIS license applications and voluntary disclosures,
performing commodity classifications and sanctions screenings, and advising
on the deployment of defense service in compliance with ITAR.
Before joining OLS, Richard
was Senior Counsel with a boutique firm specializing in cross-border trade
compliance with a primary focus on U.S. sanctions and export controls. Mr.
Donovan was also previously a Senior Associate in the White Collar Defense
Group at Latham & Watkins where his work included conducting
anti-corruption advisory work and cross border internal investigations in
response to federal enforcement actions.
Mr. Donovan received his
J.D. from the Georgetown University Law Center where he served on the
Editorial Board of The Tax Lawyer, a joint publication with the ABA Section
of Taxation. He received his B.A. in International Relations from Tufts
University. He is licensed to practice law in New York, Virginia, and
Washington, D.C. and is admitted to practice in the U.S. District Court for
the Southern District of New York. He is a member of the International
Association of Privacy Professionals (IAPP) and holds an IAPP CIPP/US
certification. He is also an active member of the National Hispanic Bar
Association and Hispanic Bar Association of DC.
Education
- Georgetown University Law Center, J.D.
- Tufts University, B.A.
Bar Admission
- District of Columbia
- Virginia
- New York